News
Alleged fraud: Police quiz INEC top official in Enugu

A Deputy Director with the Independent National Electoral Commission (INEC), Obinna Ayogu, has been quizzed by the police in Enugu State over allegations of forgery, fraud, trespass and acts capable of causing breakdown of law and order.
Police intervention followed a petition written by a retired Commissioner of Police, Sunny Ngwu, and wife of a University professor, Mrs.Opata, dated December 21, 2022.
In the petition, the duo alleged that the deputy director, Obinna Ayogu, forged agreement that a landed property situated at Umakashi in Nsukka Local Government Area (LGA) was sold to him by one Ann Ngene, but she denied selling any land to him.
The petitioners also alleged that the INEC top official also forged a document to the effect using and that the person that forged the agreements and thumb print is a staff of Shanahan Community Bank, Alloyscius Ezema, who later confessed and detailed how he was engaged to commit the crime.
Police sources, said they confessed at the office of the Area Commander, Nsukka, and that they gave vivid details of the amount paid to them and where the payment took place in Nsukka .
It was gathered also that based on the confession, the alleged seller of the land, Mrs Ann Ngene, swore an affidavit at Nsukka Court, that she did not sell any land to Obinna Ayogu as claimed and equally don’t know Obinna Ayogu.
However, it was gathered that after investigations into the allegations commenced, attempts were made to cover the case at Area Command in Nsukka, prompting the case to be transfered to police headquarters in Enugu, where the INEC official was invited and interrogated over the ugly development.
Sources said the case took a different twist when it was noticed that vital documents in the case were missing after the transfer. Based on this, sources claimed that the Commissioner of Police directed that all those involved in the case at Nsukka be questioned and made to produce the missing documents.
Efforts to contact the police spokesman in Enugu over the development failed, but it was relatively gathered that plans were in top gear to charge the case to court as soon as investigations are concluded.
When Mr Ayogu was reached on telephone, he said he could not speak at the time as he was in a meeting.
“I can’t talk about anything right now. There is a meeting going on,” he said.
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JUST IN: IMF ask CBN to extend Feb 10 deadline for old naira notes

By Francesca Iwambe
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to extend the February 10 deadline for the use of old naira notes if the difficulties in getting new notes persist.
According to the IMF, the call become necessary as the development had led to the disruptions to trade and payments due to the shortage of new noted in the bank.
The call was contained in a statement made available to journalists on Wednesday.
“In light of hardships caused by disruptions to trade and payments due to the shortage of new bank notes available to the public, in spite of measures introduced by the CBN to mitigate the challenges in the banknote swap process, the IMF encourages the CBN to consider extending the deadline, should problems persist in the next few days leading up to the February 10, 2023 deadline,” the statement reads.
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BREAKING: Supreme Court suspends February 10 deadline for naira swap

By Francesca Iwambe, Abuja
The Supreme Court of Nigeria has restrained the Central Bank of Nigeria (CBN) and Federal Government from ending the legal tender statuses of old N200, N500 and N1000 banknotes on February 10, 2023.
The apex court made the order following the suit filed by three State governments challenging the Naira swap policy.
Recall that governments of Kaduna, Zamfara and Kogi States had approached the Supreme Court seeking an order to stop the policy.
Naijablitznews.com will bring you more details shortly
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CBN captures more Communities as currency swap is continuous in Taraba

Emmanuel Awari-Jalingo
The Central Bank of Nigeria (CBN), on Friday extend her currency swap exercise to more Communities of Yorro, Ardo-Kola and Ibi local government areas of Taraba state.
The Director Financial System Strategy, Central Bank of Nigeria, Ibrahim Hassan who disclosed this to our correspondent in Jalingo said, the development was in continuation of the CBN initiative targeted at ensuring that all rural dwellers in Taraba have their old naira notes swapped to new ones or deposited in banks before the extended CBN deadline for currency swap.
Hassan noted that the currency Swap Initiative was to help save communities who do not have access to bank, swap their old naira notes to the new notes.
“Just as we have been doing to ensure that people in the rural Communities of Taraba who do not have access to Bank have their old naira notes swap to new ones. CBN delegation have been drafted to more Communities of Yorro, Ardo-Kola and Ibi local to ensure success of the initiative.
“CBN delegation for Yorro is led by Mr Jackson Imandi, the Deputy Director, the one Ardo-Kola is led by Mr. Kazeem Olatinmu while the one in Ibi local government is been led by the CBN Head of Banking Services in Taraba State, Hayatu Yahaya Shehu to ensure the villagers gain advantage of the Ten days extension for the currency swap” Hassan explained.
When contacted, the chief of Mumuye in Yorro local government, Ado Adamu Manang, that of Ibi, Abubakar Salihu Danbaw and some beneficiary of the exercise in Ardo-Kola local government, Mohammed Musa, Hafsatu Babangida and Isa Mahmud, commended the central Bank of Nigeria for the exercise as it was the best for villagers and promised to help create massive awareness for people to swap their old naira notes to the new ones.
According to them, businesses were already collapsing as people were no longer accepting the old naira notes even before the extended window.
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